Latin America

Latin America
Friday, January 22nd 2010 - 14:49 UTC

Repsol forced to reassess its Bolivian hydrocarbons reserves

New Bolivian constitution tightens accounting control over hydrocarbon assets

Oil company Repsol YPF is studying the impact on its hydrocarbon reserves accounting as a consequence of a change in Bolivian law, but has not made a decision on whether to lower its reserves, a spokesman for Spanish firm confirmed this week in Madrid.

Friday, January 22nd 2010 - 04:48 UTC

Forcibly closed Peruvian press accuses government of “political revenge”

Last June hundreds of security forces were deployed in the Peruvian jungle to combat indigenous protestors

Reporters Without Borders, RSF, condemned on Thursday as an act of political revenge from the Peruvian government the cancellation of a television station license, seven months after the same action was taken against radio La Voz de Bagua Grande, also in the Amazonas region

Friday, January 22nd 2010 - 04:41 UTC

Honduras closer to normality: Zelaya leaves when Lobo takes office

Ousted Zelaya, his family and closest aides, currently in the Brazilian embassy will be flying to Dominican Republic

Honduras president elect Porfirio Lobo said that as soon as the takes office, (next January 27) he will sign a safe-conduct for ousted Honduran President Manuel Zelaya who will then be authorized to travel to the Dominican Republic.

Friday, January 22nd 2010 - 04:32 UTC

First Seaweed-Based Biofuel Plant Goes Ahead In Chile

The project is a joint undertaking between a US company, Chile’s ENAP and Universidad de Los Lagos

The ugly swarms of algae that plague Chile's beaches may be an alternative energy blessing in disguise. Chilean economic development corporation (CORFO) announced an investment of 7 million US dollars towards a seaweed-based bio-ethanol project spearheaded by Chile and U.S. scientists.

Friday, January 22nd 2010 - 04:14 UTC

German company wants Dakar Rally to stay in South America

Surprised by the enthusiastic fans along the Argentine and Chilean routes

Winners Volkswagen wants the Dakar Rally to stay in South America and not to move back to Africa, the spokesman of the carmaker's motor-sport division said late Wednesday. Spokesman Stefan Moser raved about large and enthusiastic crowds at the two editions in Chile and Argentina and named security another aspect in favour of South America.

Thursday, January 21st 2010 - 07:00 UTC

Aftershocks cause panic among Haitians and rescuers

US Navy's floating hospital, USNS Comfort

A powerful aftershock sent Haitians screaming into the streets on Wednesday, collapsing buildings, cracking roads and adding to the trauma caused by the major quake eight days ago.

Thursday, January 21st 2010 - 06:56 UTC

Haiti Football Federation confirms 30 deaths and dozens missing

Captain Burrell filed a report on the tragedy to FIFA

Thirty members of the Haitian Football Federation have been confirmed dead and dozens others are missing following the massive earthquake that rocked the country. This was confirmed by Caribbean Football Union vice-president Captain Horace Burrell in a report sent to FIFA vice-president Jack Warner, following an assessment carried out last weekend.

Thursday, January 21st 2010 - 06:51 UTC

“The best place to mine in South America (Chile) just got better”

President elect Piñera pro-business stance hailed in Canada

International mining groups this week were effusive in their support of Chile’s newly elected president Sebastian Piñera, a billionaire businessman with substantial holdings in Lan Airline, Chilevision (a TV station) and Colo Colo (a popular soccer team).

Wednesday, January 20th 2010 - 13:04 UTC

Haiti government emerges from the rubble; US begins airdrops of food and water

Port au Prince Airport capacity is insufficient to receive tens of planes with aid (Photo AFP)

Haiti's government has regrouped after last week's devastating earthquake and is working to find food, shelter and medicine for survivors, Prime Minister Jean Max Bellerive said Tuesday.

Wednesday, January 20th 2010 - 12:41 UTC

Cruise industry joins relief effort by continuing to visit unaffected Haiti resorts

Adam Goldstein, chief executive of Royal Caribbean International defended the company’s decision to continue calling in Haiti

Luxury cruise ships will continue to dock as normal at an idyllic resort in northern Haiti despite the deadly earthquake a week ago that devastated the Caribbean nation, a cruise company said Tuesday.

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